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Company:
Fingerhut Direct Marketing, Inc.
Plan:
Fingerhut 401k Retirement Savings Plan
 

Fingerhut Direct Marketing, Inc.

64 Plan: Fingerhut 401k Retirement Savings Plan

 
 
64
31
55
84
0
10
20
30
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60
70
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100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (64) and the top rated plan (84) could equate to:
[How is this calculated?]
10 additional years of work
Up to $111,400 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Fingerhut 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Salary Deferral. Fingerhut 401k Retirement Savings Plan currently has over 600 active participants and over $10.4M in plan assets.

 

 Retirement Plan Details

Address 6509 Flying Cloud Drive
Eden Prairie, MN 55344 
Industry Retail Trade
Administrator Mary Anderson
Net Plan Assets $10,400,000
Total Participants 700
Avg Account Balance $15,000

 Compare Other Companies in Peer Group

Provide Commerce 70.6
Allied Electronics 66.5
4imprint 60.7
Crutchfield 60.4
Dr. Leonard's Healthcare 56.3
Hanover Direct 51.2

 Top 3 Funds in this 401k

1. Fidelity Freedom 2045 12%
2. Fidelity Freedom 2020 10%
3. American Funds EuroPacific Growth 10%

  Plan Service Providers

Insurance Carrier Minnesota Life
Auditor Ellingson & Ellingson, Ltd.

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